Castrol India

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NEW DELHI: Castrol India on Friday roped in Australian speedster Brett Lee as its global brand ambassador for the next two years. In his role as brand ambassador, Lee will spearhead Castrol's above the line and below the line brand activities including its initiatives in the digital space which includes castrolcricket.com - the home of the Castrol Index. Lee launched Castrol's signature tune for the Castrol Index, which will be played live in all stadiums of the World Cup where the Castrol Index will be shown live during matches.

Castrol India's sufferings continued as the rise in raw material prices and sales promotion costs cut into its margins of March 2012 quarter. The tough times are unlikely to be over in a while with crude oil prices staying high and possibility of rupee weakening. Since the second half of 2011, the growth of lubricant market has slowed down following the economic slowdown and inflationary pressures. Sustained input cost pressure and rupee depreciation have impacted margins for the company.

MUMBAI: Castrol India Ltd has reported a net profit of Rs 108.40 crore for the financial year ended December 31, 2001, compared to Rs 134.38 crore in the previous year. The net sales/income from operations in the reporting period was higher at Rs 1,357.36 crore as against Rs 1,237.81 crore in the previous fiscal, a company release said. The results include the accounts of erstwhile Tata BP Lubricants India Ltd (TBLL) that merged with Castrol, it said. The carry forward loss of Rs 8.77 crore of TBLL as on December 2001 has been adjusted against the reserves of the company.

MUMBAI: Castrol India Ltd has reported a net profit of Rs 108.40 crore for the financial year ended December 31, 2001, compared to Rs 134.38 crore in the previous year. The net sales/income from operations in the reporting period was higher at Rs 1,357.36 crore as against Rs 1,237.81 crore in the previous fiscal, a company release said. The results include the accounts of erstwhile Tata BP Lubricants India Ltd (TBLL) that merged with Castrol, it said. The carry forward loss of Rs 8.77 crore of TBLL as on December 2001 has been adjusted against the reserves of the company.

In a chat with ET Now, Ashwani Gujral of ashwanigujral.com, shares his view on Castrol India. ET Now: What is your view on Castrol India? Ashwani Gujral: Castrol India is a 'BUY' call with a target of Rs 472 and a stop loss of Rs 444.

In a chat with ET Now, Ashwani Gujral of ashwanigujral.com, shares his views on Castrol India Ltd ET Now: What is your view on Castrol India Ltd Ashwani Gujral: Castrol India Ltd is a buy call with a target of Rs 345 and a stop loss of Rs 320.

In a chat with ET Now, Ashwani Gujral, Fund Manager , Ashwanigujral.com , shares his views on Castrol India Ltd. What is your call on Castrol India Ltd? Castrol India Ltd is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 308.